Create the qualifying exemption and refund.
Proposition TE · City of Los Angeles · Nov 3, 2026
Property transfer tax exemption for January 2025 fire victims
Creates a one-time ULA transfer-tax exemption or refund for qualifying Palisades Fire residential properties sold within five years.
At a glance
Tax change- Does it raise taxes?
- No new tax. Exempts qualifying Palisades Fire home sales from the ULA transfer tax, reducing that revenue by an estimated $35–66 million through 2030.
- Estimated cost or revenue
- Official estimate: $35 million–$66 million less ULA revenue through January 2030.
- Who pays
- Not yet verified
- Where the money goes
- Not yet verified
- How long
- Eligible sales January 7, 2025–January 6, 2030
Worth knowing: Depends on eligible property sales; General Fund is not affected.
From the City of Los Angeles City Clerk and the state’s fiscal analysis. Estimates are the state’s, not ours.
Your choice
Saved privately on this device.What your vote does
Keep the existing ULA treatment of these sales.
How the money works
TypeTax change
Cost, who pays and where the money goes are in “At a glance” above.
What your guides say
No guides selected yet. Pick guides to compare.
Why they disagree
Supporters say Measure ULA voters meant to fight homelessness, not to tax wildfire survivors who have to sell after losing their homes.
Mayor Karen Bass, Councilmember Traci Park and others (as reported by LAist)No official argument against was filed. Hernandez voted against it, saying the exemption should exclude LLCs, investors and owners of multiple properties. The city estimates ULA could lose $35 million to $66 million.
Councilmember Eunisses Hernandez (as reported by LAist)Official overview and selected publisher positions; coverage remains partial.
Who’s funding it
We haven’t loaded campaign-finance filings for Proposition TE yet. You can look them up directly:
Sources
- City of Los Angeles City Clerk
2026 General Municipal Election Voter Information Pamphlet 101 · Official measure summaries and financial impacts
Checked Oct 31, 2026